New York based Latch has topped up its Series A with a further $10 million in external funding, bringing on a new investor RRE Ventures. Existing investors also participated. The smart lock maker has now raised a total of $26 million since being founded, back in 2014, and recently opened up availability for its products nationwide within the […]
Podium, a Utah-based enterprise software company specializing in customer review management has pulled in an over-subscribed $32 million Series A round, led by Accel Partners. Several sources close to the matter told us about this round, which we wrote about yesterday in an article about Utah-based Peak Ventures. However, Podium has now confirmed the numbers to […]
As open source database architecture continues to grow in popularity, one of the bigger developers in the area has picked up some funding in an attempt to better target the opportunity. MariaDB Corporation, the company that develops solutions and contributes to the open-source SQL fork managed by the MariaDB Foundation, today announced that it has raised €25 […]
Nike’s Breaking2 initiative didn’t quite reach its goal of breaking the two-hour marathon mark, but that hasn’t stopped the company from crowing about the results. Nike has been working with three runners, Eliud Kipchoge, Lelisa Desisa and Zersenay Tadese, to break the two-hour threshold. It wasn’t just giving them shoes — a variation of the Zoom Vaporfly Elite — but also […]
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Amazon is expanding its R&D facilities in Cambridge, UK, with a plan to move into a new 60,000sq ft site in the city with capacity for more than 400 staff. Cambridge University, one of the UK’s top tier academic institutions, has a strong focus on science — explaining why a raft of tech firms (not just Amazon) have […]
Express Wi-Fi is one of Facebook’s many connectivity initiatives under its internet.org umbrella. Unlike more futuristic projects like the Aquila drone, though, the emphasis here is on existing Wi-Fi technologies and allowing local entrepreneurs to resell internet access. In India, Facebook is currently working with a number of local ISPs and 500 local entrepreneurs, but that […]
Nutonomy, the self-driving car startup that span out of MIT in 2013, has inked a deal that will see it work with Peugeot-maker Groupe PSA to test autonomous vehicles in Singapore. Nutonomy is more than familiar with Singapore: it has a relationship with local Uber rival Grab and the Singapore Economic Development Board was an investor in […]
Back in March, iRobot announced that it would be bringing Alexa functionality to its 980 Roomba, letting users with an Echo clean their home with a simple voice command. Today, that functionality expands to all WiFi connected Roomba, a list that includes a pair new additions, the Roomba 890 and Roomba 690, which lower the […]
Australia-based cross-border payments startup Airwallex has closed a $13 million Series A round to expand its reach across Asia Pacific and into Europe. The deal was led by Chinese internet giant Tencent — marking its first investment in an Australian startup — with participation from Sequoia China, Mastercard and other undisclosed investors. Airwallex was founded last year to […]